Case 08-2 Sooner or Later On January 1, 2006, Sooner or Later Inc. granted 1,000 at-the-money employee stock options (i., the exercise price was…

Case 08-2 Sooner or Later On January 1, 2006, Sooner or Later Inc. granted 1,000 at-the-money employee stock options (i.e., the exercise price was equal to the stock price on the grant date). To align the compensation of the employees with the financ…